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20121228
20121228
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English 66
Search Results 0 to 49 of about 66 (some duplicates have been removed)
MSNBC
Dec 28, 2012 12:00pm PST
congress in history. on pace to pass around 219 bills. 111th passed 383. the 110th passed 380. the harry truman congress called the do nothing congress passed 906. so they're extraordinarily productive compared to what we have now. >> reporter: yeah. >> talking about why in "the washington post" a couple of months and said never have we seen them this dysfunctional and criticize both parties and now acknowledge the core of the problem lies with the republican party. what do you think is going on with this truly do nothing congress? >> reporter: well, toure, one is tempted to be flip and say there's post offices that needing naming in the '50s and inflated the numbers and really essentially looking at the numbers the vast majority of those bills, the vast preponderance of those bills is sort of inconsequential bills. they have a special day reserved for post office namings and singing the praises of this day or that day or motherhood or apple pie and so, you know, it's sort of really hard to tell and it's fairly strong indication as if we needed that number to indication of how dysfunctio
CBS
Dec 27, 2012 5:30pm PST
they see at the supermarket if congress doesn't pass a new farm bill by january 1. milk prices could double to $7 a gallon or higher. john blackstone tonight explains why. >> who wants milk? >> me! >> reporter: with four children, the rasmussen family of los angeles drinks about five gallons of milk a week. if congress fails to pass a farm bill, they may end up spending an extra $120 a month on milk. that has dad sean rasmussen worried. >> we will not cut back on milk. they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation, government price supports for milk will revert to 1949 levels. back then, the process was more laborious, and farmers needed a higher subsidy to cover their costs. dan summer, professor of agricultural economics at the university of california davis, says the new price of milk will be far above what it now costs dairy farmers to produce it. >> it really will be just chaos. nobody really knows how to act. >> reporter: so we would go back to this old farm bill, which would force the government to buy milk at an extremely high pri
CBS
Dec 28, 2012 4:00am EST
the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. >> they have to have their milk. we might have to cut elsewhere. >> reporter: back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk will with far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> here's the problem. they don't want chaos. it sounds good, everybody will double or about triple the price but nobody's going to pay for it. >> shoppers couldn't understand why congress couldn't solve this problem. >> they all need to be fired. if they want to continue to eat, the bill needs to be passed. that's where we get our food, people. >> we called department of agriculture and they say they have no plan to avoid the scenario. in terms of a price in
SFGTV2
Dec 28, 2012 3:00pm PST
to serve in the u.s. congress, and got over 67 bills passed through congress including title seven, head start, national student loan program, but that preacher dr. butts had lifts us to the seventh heaven with his oratory and after the service was over as i followed the platform party out to the foyer of that great cathedral there i looked up and i beheld a beautiful quilt at the center of many other quilts that the quilting ministry of friendship church had put on display, and when i saw that quilt that caught my eye i said to the pastor "dr. clifford jones, i want that quilt. i want that quilt ." dr. jones says "it's yours". when he took me to the car the limousine was there waiting for me and before i close the door i looked at him again and i said "dr. jones i want that quilt". he said "i told you it's yours. i will have my secretary mail it to you .". two weeks later package appeared in my office. my secretary pearl said "here's a package here for you". i looked and saw it was from friendship church, and i opened it and low and behold there was my beautiful quilt, and when i
ABC
Dec 28, 2012 5:00am EST
new year's day the price of mill could be double if congress doesn't pass a new farm bill w no deal in 1949 law kicks in that would force the government to pay dairy farmers much higher prices for milk. sales of new homes jumped 4.4% to the fastest pace in 2 1/2 years. new home sales are up more than 15% over the past year. ford will spend more than 3/4 of a billion dollars to expand a half dozen plants in michigan reit -- creating more than 2300 jobs part of the promise to invest 6.2 billion dollar in the u.s. plants and create 12,000 jobs by 2015. and the biggest movie flop of 2012 is cop horror film play back grossing 264 dollars meaning about 2 dozen people bought tickets. and that's america's money i am brandi hitt. >>> you're watching the station that works for you, now, good morning maryland. >> it's getting cold outside. the first hypothermia related death has been confirmed in maryland. find out how you can stay safe during the wintery season. >> we are worried and talking about going over the fiscal cliff but there's another deadline that could seriously impact our area. w
FOX News
Dec 28, 2012 2:00am PST
and democrats. they are going to ask why is it can't. >> the other aspect is the price of milk. because congress didn't pass a farm bill this year the strange system of supports from 1949 would go into effect that would praise t raids the price of milk there. may be some kind of a fix thif they can get a passed this year. congress realizes something like this just like the tax issue it affects about everyone. >> it can get to be a real expense for families with children. the top five stories making news at this hour. herbert norman swoerts could have schwarzkopf died of complications from membpneumoni. he drove sadam shhussein seas forces out of kuwait. george bush who approved the coalition approved the comment: schwarzkopf received numerous honors including three stars. >> did she or did she not force the head of the epa to resign. she resigned for new challenges and time with her family. attorney chris horner sued the white house for access to the e-mails. the justice department ruled they must be released. the e-mails caused jack ton to resign. people knew her real e-mail. chris warner will
CNN
Dec 28, 2012 8:00am PST
in ten year's time. >> both houses of congress have passed tax relief that will protect the middle class. >> when it came time for the cuts to expire, the u.s. was emerging from the worst recession since the great depression. so president obama agreed to extend the tax cuts for two more years in exchange for congress extending federal emergency unemployment benefits. those cuts are expensive. if they are extended by 2020, the bush era tax cuts will be responsible for more than half the total national debt. democrats insist that taxes go up for the wealthy but stay in place permanently for those earning less than $250,000 a year. >> we need to stop the job killing tax hikes and we need to start cutting spending now. >> republicans refuse to play ball. they say no higher rates on the rich, no tax hikes on anyone. based on an ideology that calls on government to be as small as possible. its roots are as old as american politics, but the philosophies main spokesman is this man, grover norquist, president of americans for tax reform. his pledge signed by almost all republicans in congress for
NBC
Dec 28, 2012 5:00am EST
. congress not passed a new farm bill. if it fails to pass, the price of milk and cheese could skyrocket. a gallon of milk, costing $3.65 on average now could soar between $6 and $8. this stems from a 1940s law that required the government to buy dairy products based on old production costs which would force prices to go up. >>> the house ethics committee has found no violations from house members who secured mortgage loans through the company. there was an investigation into their mortgage loans which they allegedly reached out to country wide lobbyists for help. the committee said nearly all the loans under investigation fell outside the panel's ju jurisdiction. >>> president obama is urging dock workers and shipping companies to reach an agreement. they'll strike on sunday if no deal is done. >>> contract talks broke down earlier this month. the 15 ports involved in the dispute move more than 100 million tons of goods each year. the economy could lose billions of dollars if they shut down for even a few days. >>> 30 families are looking for temporary shelter after a massive apartment
FOX News
Dec 27, 2012 7:00pm PST
says the congress has to pass a budget every year, the senate has to pass a budget but harry reid has chosen not to bring a budget year after year after year. he's not committed to dealing with the major problem of the country, the spending. >> and it's sort of interesting. nevada re-election him, that's their choice but the rest of the country is held hostage. people in my home state of wisconsin, if they don't like harry reid has majority leader there's nothing they can do. they can put pressure on their senators, but for the most part senator harry reid is in a very powerful position. >> i think he's taking orders from president obama. this is time for the president of the united states to lead. there's only one person who has the pen who can sign into law the law preventing us from going over the cliff and if the president actually wanted to get it done, he would tell harry reid and others this is what we had to do and he would make the arrangement to make sure we didn't go over the cliff. so i think he's just -- senator reid is just playing the role for president obama. >> you sa
MSNBC
Dec 27, 2012 6:00pm PST
'll make some small changes. that's how congress works, of course. pass it and we'll be done. we'll go home for christmas. not so much. president obama did hand them a plan as treasury secretary tim geithner made a special trip all the way to john boehner's office on capitol hill. he delivered the plan to speaker boehner, a plan pretty much identical to the one president obama just won the election on. you might have thought that would have been leading, the problem would have been solved. not so much. >> flabbergasted. i looked at him, you can't be serious. i've just never seen anything like it. >> so when you said you wanted to be led, you just wanted a plan, that was a joke? so the white house agreed, then, no more leading, that was not what their partners in the house of representatives wanted. instead, white house and boehner entered into intense lengthy negotiations. and by the end of them they seemed really close to a deal. the white house had agreed to cut their tax ask by about 400 billion, to increase their spending cuts by another 400 billion and only ask for about half as much s
WETA
Dec 28, 2012 6:30pm EST
's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors st hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hou
LINKTV
Dec 28, 2012 8:00am PST
not necessarily be permanent. the new congress could pass legislation to cancel them retroactively after it begins its work next year. >> while the so-called fiscal cliff has dominated the news headlines, the senate is also preparing to vote today to continue a controversial domestic surveillance program. in a blow to civil liberties advocates, the senate rejected three attempts thursday to add oversight and privacy safeguards to the foreign intelligence surveillance act. joining us from washington is democratic congressmember dennis kucinich. this is his last again congress after serving eight terms. since 1997, dennis kucinich has been a leading progressive voice on capitol hill, into these articles of impeachment against george w. bush, voted against the patriot act, and advocated for ending the war on drugs. dennis kucinich ran for president in 2004 and 2008, down to create a permanent peace. he is former mayor of cleveland, ohio. congressmember, welcome back to "democracy now!" >> thank you. >> your term would be over except you have been called back on sunday, right, to do with the fiscal cl
FOX Business
Dec 28, 2012 5:00pm EST
a proposal that can pass both houses of congress. the senate will not be in tomorrow. so congressional leaders can focus on work on the fiscal cliff. some of the buzz around washington has been, if you look at what could possibly pass the house and senate, you're looking at perhaps an income threshold of about four to $500,000 a year, maybe less, to prevent those taxpayers, those amounts from having to pay additional taxes or watching their taxes go up. some of the other proposals on employment insurance. the doc fix, preventing doctors from getting a massive pay cut at the end of the year. right now congressional leaders will try to cobble something together with democratic and republican votes that can pass both the house and senate. the next 24 hours on this one, adam, very critical. adam: rich, if it is just taxes and extension of unemployment benefits where do they get money to pay for unemployment benefits? we're about to hit the debt ceiling and will have 110 billion in spending cuts come january 1? >> that is what makes this difficult. if the debt ceiling is part of this and th
FOX News
Dec 28, 2012 1:00pm PST
congress that passed a bill. if reid didn't like the bill, let it go for debate. let his senate vote it down and say no, we're not going to accept these conditions. >> let me ask you this, then. interesting question. president obama gets his own deal, sends it over to the republicans, they have the same dilemma. >> well, they may. but i think you would at least see a fair dee beat. look, i think the average american realizes we have to cut spending. you know the numbers. >> craig, i have to ask you -- i have to stop you. i don't think they do. we ran a package yesterday, we sent the producer out on the street, showed people how much more they would pay in taxes after we go offer the fiscal cliff and they were like wow, i had no idea. where were you november 6 when you a chance to vote against doing that? i don't think the average american understands. >> they were listening to pimp with a limp and david letterman, a nice guy who knows nothing about economics. social security, defense, medicare, medicaid, the health programs and the cost of interest on our debt are the five -- four ma
FOX
Dec 28, 2012 7:00am EST
fiscal cliff. have you heard of that one? if congress does not pass a new farm bill by january 1st, milk prices could nearly double some say to as much as about $7 a gallon. they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investigate a deadly accident there. this happened around 7:00 last night when a tractor-trailer stopped in traffic, was rear- ended by a pickup truck. three people inside the pickup truck died at the scene. the driver of the tractor- traile
MSNBC
Dec 28, 2012 8:00am PST
this cash accounted for biweekly, monthly, and we have the milk cliff? if congress doesn't pass a farm bill an american staple could become a luxury? where milk is now, it should double? within the new year? >> it could. you say milk cliff or dairy cliff, it's easy to chuckle, but it is a serious topic. milk is a staple in every household. it has to do with the 1949 farm -- yes, 1949 farm bill that was passed that basically protected farmers against sudden spikes in the cost of grain, sort of capped their costs. you say, well, grain, of course you feed your dairy cattle grain and feed. if they don't have that insurance on feed costs, then obviously their feed costs will spike, they're not going to go out of business. they're not going to lose money. they're going to pass it on. so there is talk out there if this farm bill is not extended as part of this or a separate deal, that farmers will be able to charge what they want. that could lead to milk even more than doubling. it's about 3.50 to 3.75 nationwide. >> i want your tick on the po port -- >> we have the big red doing, cliff clafb, lis
ABC
Dec 28, 2012 4:00am PST
to be russia's retaliation for a set of human rights sanctions passed by congress and signed into law this month by president obama. >>> sunday's football game in indianapolis is more than just about winning. it will also be a triumph over adversity and personal battles won. abc's t.j. winick reports on the reversal of fortunes for the colts and their coach. >> reporter: coming into this nfl season, the challenges for colts' first-year head coach chuck pagano were many. a team that finished the league-worst 2-14, last year. >> the indianapolis colts select andrew luck, quarterback, stanford. >> reporter: and a rookie quarterback, taking over for the departed peyton manning. but less than a month into the season, those challenges were nothing, compared to the devastating personal news he received. >> the conclusion came down that he did have leukemia. >> reporter: the 52-year-old was forced to take a leave of absence for treatment, which included chemotherapy. expectations fell for the new-look colts. and yet, they've defied all expectations, behind rookie q.b. andrew luck and an inter
ABC
Dec 28, 2012 6:30am EST
of duty for the new congress would be to pass tax cuts and, of course, that's politically favorable so that may be the political game that a lot of lawmakers are playing here. but of course, everyone is on edge. no american wants their taxes to be increased and taxes are really the sticking point here. republicans fundamentally don't want to raise taxes on anyone but president obama is hoping that the bush tax cuts will beextended except for those making $250,000 or more and republicans say no way. clearly both sides are not coming together on anything any time soon. >> all right and the beat goes on. sandra endo in dc thanks so much for the time. >>> news time is #:32. -- 6:32. the debate over whether teachers should be able to bring guns to school got more heated. 200 teachers from utah packed the conference room and learned how to carry a concealed weapon on the job. and how to protect their schools from an armed intruder. >> the safety is the biggest part. and to be able to use them appropriately is really high priority for me. >> utah is one of the few states where public schools
FOX Business
Dec 28, 2012 6:00pm EST
congress. they were the ones who extended the bush tax cuts. originally passed back in 20,122,010 and 2012. for two years now, they have known the issue is looming and they chose to do nothing about it at all. but that is not the only thing that this lame-duck congress has to do for the end of the year. the farm bill passed last summer to help farmers hit by the drought has to be extended. into the next year, it must pass. if they do nothing, a gallon of milk go up $6 a gallon. it sure isn't going to help consumers. then there are restrictions on u.s. exporters, lower tariffs in good deal for them. awaiting the attention of lawmakers and again, they are not even paying any attention. and today, they are threatening to do something with the hurricane sandy relief bill. the hurry up and get it done attitude of small-business owners. a 9-foot wave of flood water hit her store. she has picked up the pieces and opened her doors for business. despite losing all her equipment and furnishings, her insurance denied her claim and she got no help from the government. take a look at this. they got her
PBS
Dec 27, 2012 4:30pm PST
for the new congress to start work. if a fiscal cliff fix isn't passed by then, the start of a new congress will likely delay matters even more. which is why the focus now is on reaching a nano-deal. >> the minimal that they can put together to avoid the fiscal cliff which will have sadly almost no impact on the long- term debt trajectory, but right now, neither markets nor the congress care about that. >> reporter: congress has never been terrific at long-range planning, but now the definition of long range seems to be 48 hours. >> you don't hear people talking, well a year from now, we allyeed to be here. you hear, well we need to do that this week. we need to do that day after tomorrow. this short-time frame horizon is new and i think people who think we are going to have tax reform and entitlement reform next year are way, way off base. >> cutting short his vacation but it's unclear whether he has the power to force a last minute solution through a deeply divided congress. >> darren gersh. >> so, joe, how bad could that be? >> i had, susie. unfortunately, the economy has been gaining mo
FOX
Dec 28, 2012 6:00am EST
law passed by congress that punishes officials for human rights abuses. >>> still ahead, redskins mania here at fox 5. >> dave ross is here all morning long with a preview of the sunday match-up. in the 7:00 hour, some trash talking with our counterparts at the fox station in dallas. >>> at 9:15, some of the redskins cheerleaders will join us live in studio. it is redskins all day here on fox 5. we'll be right pack. -- we'll be right back. %uÑó >>> the united states is ordering all embassy staff in the country of the central african retubal to leave and last night, a u.s. air force cargo plane evacuated the american ambassador and about 40 other american citizens. it is because rebels have taken over more towns near the capital this week. >>> da vip which i equine emergency transport based in poolesville, maryland is helping a group of miniature horses make their way to newtown, connecticut. the therapy horses typically visit sick, at risk or abused children. davinci volunteered to transport the and medicals so they can provide comfort and distraction for the victims of the sand
MSNBC
Dec 28, 2012 9:00am PST
. >> that was senator mitch mcconnell reflecting on why congress has done so little in those 514 days since it passed the bunt control act. that legislation, of course, machine dated those automatic arbitrary spending cuts supposed to motivate congress tone act some kind of comprehensive budget reform. it hasn't worked out had a way. we are now four days away if the fiscal curb. this is the first time all of the congressional leaders met with the president since november 16 in a post-election session. and new this morning, cnbc's john heart swood reporting a mini deal could be in the works. without it like a 60 to 90-day deal and include some tax raises basically for those making about $400 $400,000 or more. this morning a few senators in both parties struck a hopeful tone about the meetings. >> getting a little more optimistic today. >> i think that it is encouraging that people are talking. >> talk is good but on substance, little has changed. >> problem has not been democrats being willing to do cuts. the problem is receive gnaws. we believe this isn't a revenue issue. this is a spending issue. >>
ABC
Dec 28, 2012 2:35am EST
mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chicago is going up january 1. parking meters will charge $6.50 an hour in the downtown area. chicago will have the highest parking meter rates in the country, staking the dubious distinction aw f from san francisco. congratulations. chicago outsourced its parking meters to a private company and many drivers question that question now. >>> now to some surveillance video from houston. trust me, when you see this, you're going to want these bad guys put away for a long time. the gang of thieves ripped off a daycare center. three or four young men were captured on surveillance camera. there's one right there. going in, they shattered the glass door, then stole six tvs and several game consoles. that ain't all. and one thi
CNN
Dec 28, 2012 11:00am PST
the mechanics of rushing the deal through congress and getting it passed into law in the next few days, give me those mechanics. >> okay. let's break it down so people are really clear on how this could possibly happen. there are some hurdles that congress would have to get passed, some they set up themselves. the first, the house has a 72-hour rule, they have to have bills printed, 72 hours before they vote on them. but the house has gotten around that before. they have to do that again, ignore or vote around that rule. second, you heard jesse talk about this, we have to also avoid a senate filibuster, either overrule a filibuster or more ideally not even have one. because in truth, don, it could take up to a week to go through all the possible filibuster procedures. they need to try to avoid that. finally, here is the deal, don, congress this congress could actually work until january 3rd at 12:00 noon. that's the exact minute when the new congress comes in. but they say that they could still stay in session until the last possible minute and work on this deal or, don, as we're hearing too, m
FOX News
Dec 28, 2012 6:00am PST
, the two parties agree congress can pass things very quickly the trick is getting both sides to agree. gregg: it is always small ball and it is never really significant. which shows an utter lack of courage. and the american people, you know, feel that way too about their representatives. put up on the "gallup poll." "gallup poll", likelihood of averting the fiscal cliff. there you see, susan, people are losing faith. i'm actually surprised that they haven't lost all faith. >> actually i was going to say the same thing. i think that number is pretty surprising. i would think it is much higher at this point. perhaps the public is getting used to this kind of game they play chicken and at the last second they come up with a deal. remember august 2011, we thought the nation was running out of money, we would hit the debt ceiling, government would partially shut down, literally at last second they came up with something and it was averted. people probably think that will happen this time too. you're hearing all kinds of people, people trying to game this thing out and figure out whether i
FOX
Dec 28, 2012 9:00am EST
this morning. he signed the ban in retaliation for a new law passed by the u.s. congress that punishes russian officials for human rights abuses. many russians protested this week and even the russian foreign minister the law is a bad idea. >>> taking a look at our other top stories now. sad news this morning, desert storm commander norman schwartzkopf has died. the retired general died from economy indications of pneumonia. he was given the nickname, storming norman and best known for leading international forces in iraq in 1991. he was 78 years old. >>> former president george h.w. bush is in intensive care in a hospital this morning in houston county. he is battling several complications, including bronchitis and a fever. he was admitted to the hospital last month. >>> here we go. >> hear the music -- >> you know what it is, yep. dave ross is hear to talk redskins, cowboys. hello there. >> what a show. when you have the first ladies of football in the house, right on in studio b. they played at my brother's wedding 10 years ago. >> did they really? >> incredible band. >> that's fantastic. >
MSNBC
Dec 27, 2012 7:00pm PST
. >> do they presume the voters are that dumb? >> they passed it. >> they did it noing that they are unable to make deals on anything. >> how about complete chaos? >> there ought to be a new rule in congress. >> you cannot create anymore artificial crisis. >> tim geithner wrote a letter to congress. we are going to hit the debt ceiling. it never ends. >> happy new year's america. ♪ 29 and a half hours that is how long congress will have to avoid going over the fiscal curve on sunday night. >> if we go over the cliff, mr. president, the house of representatives as we speak with four days left after today with the first of the year, aren't here. i can't mamg they are out wherever they r and we are here trying to get something done. >> president obama called leaders last night and tomorrow afternoon we will meet with the speaker and mix mcconnel and harry reid to see if they can avoid going off the fiscal curb on january 1st. today harry reid emphasized that there is ome one reason why they are unable to reach an agreement so far. >> this has been going on for years. the
FOX News
Dec 28, 2012 3:00am PST
part of the fiscal cliff, but because congress didn't pass a farm bill this year, you have these bizarre 1949 price supports that would go back into effect unless congress can fix that. if they don't, the price you pay at the grocery store is going to skyrocket. maybe several dollars a gallon. so because of that, congress wants to make a milk fix part of any part of fiscal cliff fix if they can do one or the other before the year ends. back to you guys. >> juliet: listening to them, what senator reid says about boehner and boehner's response. they sound like they're real housewives of dc or something. >> eric: they're nowhere near a deal. i think i have this figured out. president obama came back from hits vacation saying let's see if we can get something together, knowing very well that they can't. the house and senate are so far apart, neither one will even entertain the idea -- >> juliet: so why have a meeting? >> eric: you look like you're trying o do the right thing. these bush tax cuts will expire december 31, 72 hours from now, whatever the number is. if president ob
CNN
Dec 28, 2012 1:00pm PST
in congress' court and saying, there should be a majority for this passing. but republicans are not going to -- they are going to be very, very cool to this today. >> let me ask you about the politics of this post january 1st. let's say nothing happens, they can't get a deal. it's now january 3rd. who wakes up in the more powerful political position to get what they want in a fiscal cliff deal? >> it's kind of a strange situation. most conservatives in the house want to go over the cliff because they want to vote to lower taxes and they will have the ability to do that once taxes go up after january 1st. >> it just sounds better. >> right. >> rather than i let your taxes go up. >> exactly. i think politically, though, all of the policy moves in the direction of the democrats, right? tax rates go up. big spending cuts at the pentagon. and all the polls show that the republicans are going to be blamed for all of this. so obama -- as the one guy in this town that wants a deal more than anyone. on the other hand, he's probably the guy that purely political benefits the most after january 3rd
PBS
Dec 27, 2012 5:30pm PST
.c. because congress actually did its job and passed the budget by the beginning of of the fiscal year in october. so there this government by crisis, this budgeting at the last minute is a new thing and it's a real problem. >> warner: explain to us the tea party's view here. last week, when speaker boehner -- when house republicans,-- some of them-- revolted against his attempt they have to plan "b," tax on millionaires, many in the tea party-- at least that i read about and heard-- cheered him, cheered the revolt. why? >> oh, yeah, we did as well. the problem is that you can get to real tax reform at the end of the day in a crisis and if barack obama-- who's the only man that can stop a massive tax increase on january 1-- wants to do that, there's nothing house republicans can do to stop it. >> warner: with but explain why they were -- i mean, was it just that any deal that raised taxes period -- no compromise was worth that. >> it's hard to compromise when there's not two sets of ideas on the table. the senate democrats have never passed a budget resolution so how do you split the d
CSPAN
Dec 28, 2012 12:00pm EST
a sustainable fiscal pass, congress and the president must agree on a balanced plan. they must ramp up over time and cut spending while at the same time asking a little more from those who can afford it. the math just will not work any other way. the clock is ticking. it's time to stop campaigning and start up listening -- start listening. it's time to make the tough choices the american people sent us here to make. the president is meeting with congressional leaders this afternoon, and actually at this very moment that i'm speaking. my message to them is simple. we can do this. we can get this done, and we must. it's our responsibility. here is a comparison of the latest bargain proposals made by the president and speaker boehner. as you can see, we're not that far apart. there's not a lot of difference here. there are compromises that can be made on both sides. we're not far off an agreement on a balanced plan, a plan that will bridge the fiscal cliff. a balanced plan will encourage businesses to invest and enable investors to return to the markets with confidence. most importantly, a balanced
ABC
Dec 28, 2012 6:00pm EST
not be a deal todaythe dow closed down. the president did not make any new offers. congress should least extend tax cuts for everyone making $250,000 or less, and extend long-term unemployment benefits. democrats said have enough votes in the house and senate to pass the president also version of a short-term plan, but it is up to republicans in the house to call a vote. >> in the case of the speaker, i don't refuse to hold a vote per one of the key players, chris van halle, ranking democrat and house budget committee says he understands the public frustration -- hollen, ranking democrat and house budget committee, says he understands the public frustration. today the house speaker said he will not call for any votes until the senate has voted. possible new year's eve a vote on monday. mitch mcconnell went to the senate floor and said his hopeful and optimistic. those are two words we have not heard much of in the past couple of weeks. everyone hoping there will be a deal before january 1. rebecca cooper, abc 7 news. >> we will continue to follow the fiscal cliff negotiations and any new devel
KRON
Dec 27, 2012 5:00pm PST
of the u-s house are set to return to washington on sunday -- just one day before the deadline to pass budget deal. if congress does not reach a fiscal deal before monday's deadline, automatic tax increases and steep spending cuts will take effect. an in depth look at where everything stands right now -- and we'll be talking live with our political analyst -- tonight at 5:30 >> breaking news. retired general norman schwarzkopf has died in tampa, florida. known as 'stormin norman' because of his explosive temper, he commanded the u.s.-led international coalition that drove saddam hussein's forces out of kuwait in 19-91. he lived in retirement in tampa, where he had served in his last military assignment as commander-in- chief of u-s central command. that is the headquarters responsible for u.s. military and security concerns in nearly 20 countries. he was 78. no one was hurt. storm on the way. >> borrowers, that took out a loan. could possibly have found some issues. dan kerman turks of the story from there. >> reporter: many feeble and up in a storefront office, with a quick loan, like
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